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Listed 2 months ago

48 Tower Drive

Wexford-Maryvale, Toronto

$1,250,000

Detached|1 1/2 Storey
4 | 2 | 4
About this home

Nestled in the heart of sought-after Wexford-Maryvale, this beautiful family home offers the perfect blend of suburban charm and urban convenience. Boasting a substantial rear addition that nearly doubles the square footage compared to many homes in the neighbourhood, this property delivers the space today's families have been searching for. The thoughtfully designed main floor features a bright, open-concept living, dining, and kitchen area flooded with natural light & hardwood floors. Whether you're hosting family gatherings or entertaining friends, this inviting space is designed to bring everyone together. Step outside to the expansive deck and enjoy summer evenings overlooking your private backyard with no neighbours behind and stunning sunset views. In the cooler months, gather around the custom wood-burning fireplace, creating the perfect cozy retreat. The updated kitchen is both stylish and functional, featuring granite countertops, S/S appliances, and tasteful finishes that complement the home's timeless appeal. Upstairs, you'll find four spacious bedrooms, including a generously sized primary suite complete with a walk-in closet & semi-ensuite access. With room for the whole family, this upper level offers comfort, flexibility, and everyday convenience (& more beautiful hardwood!). The basement provides an abundance of additional living space ready to suit your needs. Partially finished and highly versatile, it's perfect for a home office, gym, rec room, or hobby space, while still offering ample storage and future potential to customize and grow with you. Located within an established and family-friendly community with mature tree-lined streets, pride of ownership, and welcoming atmosphere. Close to parks, schools, shopping, dining, public transit, Highway 401, and the DVP, making commuting across the city a breeze. Beautifully updated, lovingly cared for, and move-in ready...there's nothing left to do but pack your bags!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeDetached
Style1 1/2 Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,559
Lot Size40 ft x 125 ft
mls© NumberE13420118
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,398
Property tax
$380
Heat allowance
$150
Housing costs
$6,928 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $250,000
25-yr amortization

Income needed

$213,000

gross annual household income

Payment at 4%
$5,260 / mo
Cash down
$250,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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